Monthly Rent Report
Koreatown Rent Report — February 2022
Asking rents in ZIP 90020, Los Angeles, from 24 listings.
Median 1BR rent in Koreatown was $1,500 in February 2022, down 40.0% (−$1,000) from January 2022 and down 10.6% year-over-year. The middle half of 1BR listings asked between $1,500 and $1,500. That puts Koreatown $495 below the Los Angeles citywide 1BR median of $1,995. The month's figures are based on 24 listings across 5 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2022 | Vs. February 2021 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,435 | +$88 (+6.5%) | −$121 (-7.8%) | $1,375 – $1,495 | 6 |
| Studio | $1,325 | −$22 (-1.7%) | −$231 (-14.8%) | $1,325 – $1,325 | 2 |
| 1BR | $1,500 | −$1,000 (-40.0%) | −$178 (-10.6%) | $1,500 – $1,500 | 1 |
| 2BR | $2,730 | +$335 (+14.0%) | +$435 (+18.9%) | $2,491 – $2,877 | 14 |
| 3BR | $2,995 | +$45 (+1.5%) | −$505 (-14.4%) | $2,995 – $2,995 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2022. Changes compare against the nearest prior month with data.
Koreatown vs. Los Angeles — February 2022
| Bedrooms | Koreatown Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,435 | $1,500 | −$65 (-4.3%) |
| Studio | $1,325 | $1,500 | −$175 (-11.7%) |
| 1BR | $1,500 | $1,995 | −$495 (-24.8%) |
| 2BR | $2,730 | $2,675 | +$55 (+2.0%) |
| 3BR | $2,995 | $3,700 | −$705 (-19.1%) |
Citywide figure is the median of zip-level medians across 126 Los Angeles zip codes with listings in February 2022.